Fiat-Chrysler reports best January sales since 2007; Jeep sets records

(February 3, 2015)  AUBURN HILLS, Mich. — FCA US today reported U.S. sales of 145,007 units, a 14 percent increase compared with sales in January 2014 when 127,183 units were sold, and the group’s best January sales since 2007.

 The Chrysler, Jeep, Dodge, Ram Truck and Fiat brands each posted year-over-year sales gains in January compared with the same month a year ago. The Jeep brand’s 23 percent increase was the largest sales gain of any FCA US brand and its best January sales ever. The group extended its streak of year-over-year sales gains to 58-consecutive months.

“We kicked off 2015 with a 14 percent increase in sales and extended our year-over-year sales streak to 58-consecutive months,” said Reid Bigland, head of U.S. Sales. “In spite of some tough 2015 comparisons, we remain confident in our ability to post year-over-year sales increases on the back of strong retail demand for our products.”
 
Ten FCA US vehicles set records in the month of January, including four of the five Jeep brand vehicles. The Jeep Cherokee, Jeep Wrangler, Jeep Patriot, and Jeep Compass each recorded their best ever sales in  January. Likewise, the Chrysler 200, Dodge Dart, Dodge Challenger, Ram ProMaster, Ram Cargo Van and Fiat 500L each logged their best ever January sales.
 
FCA US finished January with a 101-day supply of inventory — 563,575 units.  U.S. industry sales figures for January are internally projected at an estimated 17.0 million units Seasonally Adjusted Annual Rate (SAAR).